by Anthony | Jul 21, 2021 | 2021 Topics, Housing, Inventory, Inventory Shrinkage, NJ Real Estate News
For the very first time since February 2020, new listings are beginning to replenish inventory on a national basis. This is also the case in New Jersey. Up until February 2021, new listings were below prior year metrics. Finally inventory on a national basis has seen...
by Anthony | Jun 28, 2021 | 2021 Topics, Existing Home Sales, Housing, Inventory, NJ Monthly Sales Reports, NJ Real Estate News, Real Estate News
As the weather warms and pandemic restrictions ease across much of the country, the U.S. housing market shows little sign of cooling. Robust buyer demand, fueled by low mortgage rates, continues to outpace supply, which remains near historic lows. Nationwide,...
by Anthony | Jun 24, 2021 | 2021 Topics, Construction, Inventory, Inventory Shrinkage
Guess who owns 12,556 homes in Atlanta? An interesting point: it’s a spin-off from the world’s largest private equity company, BlackRock, also known as Invitation Homes. Why is that important? According to a recent article, in certain Atlanta zip codes,...
by Anthony | Jun 17, 2021 | Inventory, Inventory Shrinkage, Real Estate News, Rentals
Inventory shortages as well as price increases across the board nationwide are having their collateral impact upon rents for single-family homes. Across the nation, rents for single-family homes have jumped anywhere from 3.9% to 6.1%. The CoreLogic report that tracked...
by Anthony | Jun 8, 2021 | 2021 Topics, Existing Home Sales, Inventory, Inventory Shrinkage, Real Estate News
Plummeting Inventory The scarcity of available existing homes for sale has been a matter of concern over the last three-and-a-half years. Ever since the housing crash of 2008, builders are highly wary of building before they have buyers in hand. Too many builders took...
by Anthony | May 24, 2021 | 2021 Topics, Existing Home Sales, First-Time Buyers, Housing, Inventory, Real Estate News
April sales for existing homes climbed 33.9% year-over-year. The inventory shortages are clearly placing greater incentive on buyers to lock in sales even if it translates into paying 10% or 20% more than they originally thought they would. April sells in 2021...
Recent Comments